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Search Results 0 to 10 of about 11 (some duplicates have been removed)
. >> reporter: despite solid earnings at the end of last year, there are fresh worries about the state of the u.s. economy and profits for this year. on top of that, financial conditions in the eurozone are still a threat to u.s. stocks. >> with the market at current levels, which... basically looks like they're priced for perfection, there doesn't leave a lot of room for any disappointing news. and there are a lot of areas that could create disappointing news. >> reporter: weissberg says many market pros believe stocks are headed higher, but they need a catalyst, and that's unlikely to come from tonight's state of the union. suzanne pratt, "n.b.r.," new york. >> susie: still ahead, why ailing smartphone maker blackberry is hoping the sports market will help it on its road to recovery. we'll explain in tonight's "beyond the scoreboard." a "silly sideshow--" that's what apple c.e.o. tim cook called a recent lawsuit filed by hedge fund manager david einhorn. speaking at a goldman sachs technology conference today, cook also said apple is considering einhorn's proposal to issue preferred stock and r
agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. go online to pbskidsgo.org and you can take clips from the show make your own video, music video, or even a video about me, manny spamboni! now go, so i can watch it! (cackling) we've been walking for a half hour and we only got from the see slide to the... (laughter) you are not you're -- (laughter) nice! captioning sponsored by wpbt >> this is n.b.r. >> susie: good evening. i'm susie gharib. tom is off tonight. hungry for a deal, warren buffett partners up to buy up ketchup maker heinz in a $28 billion deal. the u.s. airways/american airlines merger is ready for take-off, and the companies say they see no turbulence ahead from washington regulators. and senate democrats offer their plan to head off the sequester's sharp spending cuts. we get the details from michigan senator debbie stabenow. we have that and more tonight on "n.b.r." two big sweetheart deals on this valentine's day: american airlines is merging with u.s. airways, creating the world's largest airline company; and
." agreement from the u.s. department of education's ready to learn grant, and viewers like you, thank you. mmy, bat, nuggets and all your favorite animated characters are auditioning, and you're the judge. so plug into pbskidsgo.org and play to decide who has what it takes. wait, wait, jess, don't leave. i'll help you out here. pull! (glass breaking) cut! captioning sponsored by wpbt >> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. worries about political gridlock, in italy and in washington, cause investors to dump stocks. it's the worst day for wall street since the november elections. >> tom: i'm tom hudson. with $85 billion in federal spending cuts just days away, we talk with congresswoman cathy mcmorris rodgers. >> susie: and the man who founded barnes and noble wants to buy his bookstores back, but he has no interest in the company's electronic book reader b&n's nook business. >> tom: that and more tonight on "n.b.r."! >> susie: a sharp sell off on wall street today, as stocks suffered their biggest drop since november. italian and american politics put investors in
companies, and investors are seeing in the u.s. economy. we preview the economic state of the union. why regulators need to treat them like other business. then u.s. airways sees big benefits in merging with american airlines. we look at the new landscape for airlines if the deal goes through. we have that anmore tonight on nbr. president obama is preparing to deliver his first state of the union address of his new term, tomorrow. the american people will be listening carefully to his plans to grow the economy, especially as they struggle with less take home pay, and worries about their jobs. while there are signs of improvement in the economy, the unemployment rate rose in january to 7.9%. so what is the current state of the economy? erika miller talked to two experts with different views. >> reporter: it may seem strange to many investors that the stock market can be hovering at five- year highs, when the economy is so weak. but what's fueling the rally is not the current situation, it's hope. >> we've taken out some of the downside tail risks. so, we're feeling like although it's not
, but not on saturdays. the u.s. postal service is dropping saturday letter deliveries to save billions. >> tom: i'm tom hudson. fresh pain at the pump. american drivers see a steep jump in gas prices: up 15 cents a gallon in the past week alone. >> susie: and the federal reserve says it's been hit, by cyber hackers. we look at u.s. businesses and just how safe their networks are. >> tom: that and more tonight on "n.b.r."! >> susie: the u.s. postal service says this summer it will stop delivering mail on saturdays, ending a service that began 150 years ago. cutting back to a five-day a week schedule will save $2- billion. the post office has been losing about $20 million a day, as e- mail useage ramps up and mail volume plunges. congress has required the post office to deliver six days a week, but the postmaster general believes there is a loophole in the law that will allow him to make the change. darren gersh reports on the business fallout. >> reporter: first class mail is the postal service's most profitable product. it is also a business that is disappearing at the rate of 5% a year. >> people pay
. >> reporter: stuck in neutral. that seems to be the best cliche for the u.s. job market, right now. the nation's unemployment rate has been lurking just around 8% for the last six months. and, the number of news jobs created is barely keeping pace with population growth. still, some economists think the latest labor data is encouraging. >> when we look at the number of jobs being created even though it was a tad below expectations, it was still a healthy number that should continue to help the economy. >> reporter: the main reason for optimism: those positive revisions to november and december jobs data. it turns out, the government underestimated how many positions were added by 127,000. it was that miscounthat helped push the dow over 14,000 for the first time in more than five years. and, at 14,000 the blue-chip index is about 150 to 200 points away from its all-time high. market pros like wayne kaufman predict new highs for stocks in coming weeks. >> many investors, retail investors, individual investors are reaching the point of recognition where they no longer believe the economy is goin
." agreement from the u.s. department of education's ready to lea grant, and viewers like y, thank yo visit pbskidsgo.org where you can play a lot of games for your favorite characters and win votes, too. go ahead, what are you waiting for? hey, you... cut it! (laughing) that's awkward. (laughter) put your -- put it -- sorry! put your name on your mind and... (laughter) captioning sponsored by wpbt >> this is n.b.r. >> tom: good evening. i'm tom hudson. susie is off tonight. wall street's rally extends to a second day, erasing much of the week's losses and pushing the dow to a five year high. helping the markets higher were more commitments by the federal reserve to keep doing what its doing, until the economy improves. but a sour day for apple shareholders, as c.e.o. tim cook sheds little light on how the company plans to use its hoard of cash. that and more tonight on "n.b.r."! for the second day in a row, federal reserve chairman ben bernanke told congress the central bank is not about to change its strategy, and for a second day, a strong rally on wall street. the dow surged 175 points
and the technology industry. >> susie: the u.s. government wants as much as $5 billion from standard and poors, officially accusing the credit ratings agency of fraud during the housing boom. >> tom: and earnings from a trio of consumer stocks finds us spending money on eating out and watching tv. >> susie: that and more tonight on "n.b.r." >> tom: a bold new chapter for computer maker dell was opened today. michael dell said today he's taking the company he founded almost 30 years ago private. it's a $24.5 billion deal offering dell investors $13.65 per share. now, at one point, dell was the largest p.c. maker in the world, boasting market capitalization of more than $100 billion. now, it sits behind apple, hewlett packard and lenovo, valued a fifth of what it once was. ruben ramirez begins are coverage. >> reporter: michael dell admits he missed the consumer shift away from the p.c. to tablets and smartphones, but today's announcement his company is going private doesn't necessary address how dell is going to try to capture those markets. >> they want to continue to be a hardware player, but
of the market-- including u.s. government officials who in 2007 publicly stated that problems in the subprime market appeared to be contained." >> reporter: s&p goes on to argue that the securities at issue in the justice department's case were reviewed by another ratings agen and received the same rating. s&p says it also began downgrading many mortgage securities in 2006, warning that conditions in the housing market were deteriorating. but critics say what matters is what s&p claimed at the time it stamped securities triple a. >> the ratings agencies claim that they have unique analytic abilities and very sophisticated models that enable them to determine the credit worthiness of a bond, a derivative, a security. >> rorter: s&p pointout cou rulings he diissed what it called challenges to a credit rating made with 20/20 hindsight. if the justice department does sue, standard and poor's says it will vigorously defend itself. darren gersh, "n.b.r.," washington. >> tom: still ahead, tonight's word on the street: consumers, the street.com's david peltier joins us with some consumer product stoc
from the u.s. department of education's ready to learn grant, and viewers like you, thank you. i'm sorry, there's something on your nose. it's a white...thing. he's my brother and he's no liar, so back off, francine. great...cut! (laughter) i know you like playing games, and i always try to do my best. so go to pbskidsgo.org and play awesome electric company games and earn points r your favorite person, like me, hector. i mean, i'm your favorite, right? so what are you waiting for? >> this is nbr. captioning sponsored by wpbt >> tom: i'm tom hudson. susie is off tonight. federal reserve boss ben bernanke shows signs that the central bank will continue buying government bonds to help support the economy. the housing recovery continues building ground, with new home sales and home prices hitting multi-year highs. and the banking business may have fewer employees, but wall street bonuses are up, rising nearly 10% on average. tonight, a closer look at banking jobs. that and more tonight on nbr! the federal reserve strategy of buying government bonds to help the economy will continue.
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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